About This Statistic
This statistic shows the 2016 ranking of the top 10 biotech and pharmaceutical companies worldwide, based on net income. The values were taken from the Financial Time's 2016 equity screener database. U.S. company Johnson & Johnson was ranked first with a net income of almost 16 billion U.S. dollars.
Biotech and pharmaceutical companies
Pfizer and Johnson & Johnson, both based in the United States, are among the world’s largest biotechnology and pharmaceutical companies based on their net incomes of approximately 16 billion U.S. dollars and 6.18 billion U.S. dollars, respectively, in 2016. Pfizer generated 42.6 billion U.S. dollars of revenue in this year. Johnson & Johnson accumulated a market value of 245 billion U.S. dollars. Roche, a Switzerland-based company, is considered one of the leaders in biotech drugs, generating over 31 billion U.S. dollars in 2015 and is expected to reach 43.6 billion U.S. dollars in biotech prescription drug revenue in 2025.
Lyrica is one of Pfizer’s most successful products. It is an anticonvulsant for neuropathic pain and is also used as therapy for partial seizures. In the EU and in Russia, Lyrica has also been approved to treat general anxiety disorder. In 2015, this prescription medication generated 4.8 billion U.S. dollars in revenue. The United States and France boast the largest number of biotechnology companies in the world by a significant margin. As of 2013, there were 1,165 dedicated biotechnology companies in the United States and 1,284 companies in France.